China Tobacco International (HK) Balance Sheet Health
Financial Health criteria checks 3/6
China Tobacco International (HK) has a total shareholder equity of HK$3.1B and total debt of HK$2.9B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are HK$9.7B and HK$6.5B respectively. China Tobacco International (HK)'s EBIT is HK$1.2B making its interest coverage ratio 18.7. It has cash and short-term investments of HK$711.6M.
Key information
91.1%
Debt to equity ratio
HK$2.86b
Debt
| Interest coverage ratio | 18.7x |
| Cash | HK$711.57m |
| Equity | HK$3.14b |
| Total liabilities | HK$6.52b |
| Total assets | HK$9.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6055's short term assets (HK$9.2B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: 6055's short term assets (HK$9.2B) exceed its long term liabilities (HK$49.7M).
Debt to Equity History and Analysis
Debt Level: 6055's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: 6055's debt to equity ratio has increased from 0% to 91.1% over the past 5 years.
Debt Coverage: 6055's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 6055's interest payments on its debt are well covered by EBIT (18.7x coverage).